Refer to the data provided in Table 11.4 below to answer the following question(s).
Table 11.4 
Refer to Table 11.4. If the interest rate is 22%, then the farmer will only
A. buy the tractor and the irrigation system.
B. buy the bookkeeping software and the grain storage tanks.
C. buy the bookkeeping software.
D. buy the tractor.
Answer: A
Economics
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Which of the following is most likely to have contributed to better inventory management?
a. Stability in the market demand b. Stability in the average price level c. Perfect forecasting by the firms d. Reduced variability in the input costs e. Improvements in information technology and communication
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For which of the following time periods did the U.S. have a budget surplus?
a. 1990-1993 b. 1998-2001 c. 2003-2006 d. The U.S. did not have a surplus in any of these time periods.
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